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Gold/Mining/Energy : Bomax Resources - BXS.VSE

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To: Sudhir Khanna who wrote (40)	11/28/1996 8:04:00 AM
From: Johan van Slooten	of 313

Thanks Sudhir for your contribution. You are well informed about Bomax prospects. You are completely right about the new production process Bomax is planning. The selling of cut-and-polished granite will give them a much higher profitmargin than first calculated. I can't say too much about this, however, because this information is still secret. But believe me, the numbers I've seen are really excellent. They already have a first contract for cut-and-polished granite which will be paid in squarre metres instead of cubic metres. That's the trigger to get the C$0.78 figure. By the way, I called Jim Bond yesterday again to verify this figure again. And he again assured me, that this is the current projection considering the new production progress. As far as I can see, this granite business will be one hell of a CASHCOW for Bomax. So, I've only one advise to current Bomax-shareholders, including myself: give this time to develope and DON'T SELL now. The year of the harvest is near! The Dutchman The Sharp Razor of Ockham

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